Bank of Spain greenlights euro-linked token pilot to explore future of payments: report

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The post Bank of Spain greenlights euro-linked token pilot to explore future of payments: report appeared first on CoinGeek.

The ECB has gone on to issue a series of working papers into the design of the digital yuan, but experts believe a full-scale launch should be expected in 2026.

The central bank announced that its moves are also independent of the digital euro and are “exclusive” to Spain.

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Article Details

Author / Journalist: Wahid Pessarlay

Category: Crypto

Markets: CanadaSpain

Topics: Bank of Spain Business Monei EURM Tokens

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2023-01-24 @ 00:00:49 (2 months ago)

News Timezone: GMT +8:00

News Source URL: coingeek.com

Language: English

Article Length: 545 words

Reading Time: 4 minutes read

Sentences: 19 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGeek

News ID: 4703048

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